Muhammed Hameed v. Icici Bank
Case brief
What is this about?
The High Court disposed of a writ petition by the borrowers challenging a notice under the Banking Regulation Act and seeking loan regularisation. Recording that a settlement had been arrived at and partially performed between the parties post-admission, the Court disposed of the petition without constituting a bench to adjudicate the merits.
What did the court decide?
Writ petition disposed of by recording the submission of out-of-court settlement.